Brisbane's housing market leads the nation

Brisbane’s housing market leads the nation as only city to record home value growth

Brisbane's housing market is leading the nation, with the city the only major state capital to see home values grow this month.

Plummeting home prices in Sydney and Melbourne have dragged the national market into the biggest slump since the start of the global financial crisis, but the Queensland capital continues to defy the downturn.

Preliminary figures from CoreLogic’s Hedonic Home Value Index show Brisbane was the only major capital to record growth in prices over November — albeit a modest 0.1 per cent.